Do you believe this SHORT signal for gold right now?



$XAU /USDT - Short SHORT

Trading plan:
Entry: 4055.37 – 4062.55
SL: 4093.47
TP1: 4033.08
TP2: 4015.83
TP3: 3989.95

Why pay attention to this structure?
- On the 4-hour timeframe it’s bearish; the 15-minute RSI is still above 60, so there’s a risk of a short-term bounce.
- But the 1D trend is ranging; EMA support is around 4055—only if price breaks down will the move accelerate.
- Now to enter: TP1 4033, TP2 4015, stop loss 4093—the payout looks good.

Discussion:
Will this move hit TP1 first, or will it first lure a pump and then pull back to 4090?
XAU-0.56%
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134Ceros
· 2h ago
This 4055 level is quite sensitive; if it holds, it may sweep the SL before a deep drop.
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